ONLY 23% OF STOCK-FUND MANAGERS were ahead of the S&P this year through Nov. 30, according to Bank of America Merrill Lynch.
Can't anybody play this game? In pro baseball, most hitters will tell you they usually don't want to know whether a teammate thinks he's stolen the catcher's sign for the next pitch. Not only is…
17.5 trillion in retirement assets searching for returns
Investment Company Institute: Total US Retirement Assets Rose 5.2% in 4Q:2010 May 06, 2011 According to the Investment Company Institute (ICI), US retirement assets totaled $17.5 trillion as…
DJ UPDATE: US Judge Rejects Apple Request To Ban Samsung Galaxy Sales
I don't think this will impact our pairs trade much but it certainly blows apart the thesis. The bottom line is that Apple's chart looks more bullish than Google's this week. There may be a short…
AC2011 Session 1.2 Come Undone: Kyle Bass redux - YouTube
For this of you that can't get enough of Kyle Bass, here's a full helping. If you don't know who Kyle Bass is, you've been out shopping on Black Friday and oblivious to the cracking in the…
Pairs trade idea Long Apple Short Google
As usual we present the news with an idea for a trade. I blogged a few days ago about Apple issuing our first buy signal for it in months. There could be a court case coming up apparently that's…
ZeroHedge | On a long enough timeline the survival rate for everyone drops to zero
A Snapshot Of Ludicrous Volatility: Since May 1 The S&P Has Travelled 1234 Points Yet Is Unchanged For The YearSubmitted by Tyler Durden on 12/01/2011 - 20:47Bear Market European Central Bank…
Swaps Will Get Dollars Into European Banks' Hands - WSJ.com
Does the Fed face increased risk under the swap lines? Since the Fed isn't lending to banks directly, the risk is tiny. The ECB is responsible for giving the Fed its dollars back, so the central bank…
We are still very defensive
Although we did not outperform the market today (the only way you could have done that was all in and then some) we managed decent gains. Surprisingly some of our largest positions did not move much…
Central Banks Take Coordinated Action - WSJ.com
Central Banks Move to Calm Fears Markets Rally After Joint Action Aimed at Cushioning Global Effects of Euro Crisis; Fed 'Prepared' to Do More if Needed By JON HILSENRATH And JEFFREY SPARSHOTT Is the…